for lubrication and cooling of the company's e-Axle. These parts are also produced in France and other countries in Europe. In October 2024, Valeo Group announced an expansion of its partnership with TotalEnergies SE at the Paris Motor Show 2024. The two companies have been working together on the joint development of immersion cooling solutions (liquid dielectrics) since 2022, and are currently conducting field tests to verify their performance...

Market & Tech Reports  Updated at: 2026/03/30

, a major European manufacturer of brake friction materials, were transferred from Japan's Nisshinbo Holdings, Inc. (Nisshinbo Holdings) to German investment fund AEQUITA SE & Co. KGaA (AEQUITA) in November 2023. Additionally, as a result of negotiations with Hella Pagid GmbH (Hella Pagid), a brake joint venture (JV) with Hella GmbH & Co. KGaA (Hella), TMD Friction regained exclusive control of the Pagid brand. Pagid brand brake products have bee...

Market & Tech Reports  Updated at: 2026/03/24

V BEV) Nissan N7 (D-segment sedan BEV) Honda S7/P7 (D-segment SUV BEV) Japanese BEV launch plans and NEV market trends   In recent years, Japanese automakers (OEMs) have been struggling with product deployment and price competition in the Chinese market. However, by strengthening cooperation with joint venture (JV) partners and introducing BEVs (battery electric vehicles) tailored to local needs, there have been signs of a recovery in sales vol...

Market & Tech Reports  Updated at: 2026/03/17

umes totaled 130,000 units, down 12% y/y. Retail sales volumes of domestic brands totaled 630,000 units, down 30% y/y. Domestic brands had a market share of 61.2% of the total, down 4.3 percentage points y/y. Domestic brands’ NEV and export volumes grew notably. Retail sales volumes of mainstream joint venture brands totaled 270,000 units, down 19% y/y. Specifically, German brands had a retail share of 18.2%, up 1.2 percentage points y/y; Japan...

Market & Tech Reports  Updated at: 2026/03/16

AFEELA 1’s HMI From coverage of the CES 2026 exhibition Summary Display (front instrument panel, rear seats, Media bar) Yoke-type steering wheel switches (air conditioning, lighting, etc.), door opening/closing systems AFEELA 1 HMI concept (Personalization, AI communication, cloud integration, and more)   Sony Honda Mobility (SHM), the joint venture (JV) mobility tech company established by Sony Group Corporation and Honda Motor Co., Ltd. in ...

Market & Tech Reports  Updated at: 2026/03/12

g Approach from Vehicle to ChipDr Qiang Liu, General Manager – Li Auto Germany R&D Center Ingo Scholten (CTO, Horse Powertrain) Decarbonization Requires Multiple Solutions   Horse Powertrain positions itself as a central player in the global transition toward net-zero mobility. The company is a joint venture between Renault (45%), Geely (45%), and Aramco (10%), combining 125 years of powertrain expertise with global scale and strong regional ...

Market & Tech Reports  Updated at: 2026/03/06

n in December 2025. Great Wall Motor Rayong Plant EVs, engines 80 H6(HV/PHEV), Jolion HV, Tank 500 HV, Tank 300 (HV/Diesel), POER Sahar HV Acquired the former GM Thai plant in November 2020. Export to Latin America and Oceania from 2025. Chonburi Plant Batteries - Battery modules, battery packs Joint venture battery plant between SVOLT Energy Technology Co., Ltd. (SVOLT) and Banpu NEXT Co., Ltd. Began operation in 2024. SAIC Group/MG Chonbu...

Market & Tech Reports  Updated at: 2026/02/24

cooter. Hyundai WIA Autonomous Mobile Robot and Collaborative Robot Display area showing MobED use cases  Highlighting automotive autonomy, Hyundai showcased the Ioniq 5 robotaxi with SAE Level 4 autonomous capabilities. After suspending its service in August 2025, Hyundai's Motional joint venture with Aptiv announced that it will launch a new robotaxi service in Las Vegas by the end of 2026. Other robotics solutions on display in...

Market & Tech Reports  Updated at: 2026/02/20

y/y. The contribution of its subsidiary Arcfox brand was noteworthy. On the other hand, GAC Group dropped from seventh to ninth place, with sales volume down 13.9% y/y to 1.721 million units, and its market share shrank to 5.0%. Although GAC Toyota Motor (GTMC) performed well, other own-brands and joint venture (JV) brands across the board did not perform well, and GAC Aion, the mainstay brand of the company, was unable to secure sufficient volu...

Market & Tech Reports  Updated at: 2026/02/19

units, down 15% y/y. Retail sales volumes of domestic brands totaled 890,000 units, down 18% y/y. Domestic brands had a market share of 57.5% of the total, down 3.5 percentage points y/y. Domestic brands gained significant increments in the NEV and export markets. Retail sales volumes of mainstream joint venture brands totaled 470,000 units, down 4% y/y. Specifically, German brands had a retail share of 19.8%, up 1.4 percentage points y/y; Japane...

Market & Tech Reports  Updated at: 2026/02/13

n agreement on Embodied Intelligence; and XPeng announced its own AI humanoid robot and mass-produced Robotaxi developed in-house.   Foreign OEMs are accelerating research and development in China, focusing on intelligent technology and new energy products that are suited to the market. CARIZON, a joint venture between VW's software subsidiary CARIAD and Horizon Robotics, plans to independently develop a SoC (System-on-a-Chip) for autonomous dri...

Market & Tech Reports  Updated at: 2026/02/09

ra Pradesh 400,000 Total 9,200,000 (Source: Created by MarkLines based on various press releases and sources)   It has a plant in Villa Rica, Colombia which has a production capacity of 80,000 units. It acts as an export hub for Latin America. In Bangladesh, it has a plant in Jessore with a joint venture with Niloy Group. It has a manufacturing capacity of 150,000 units.   In April 2024, the company announced a new product assembly facil...

Market & Tech Reports  Updated at: 2026/01/30

opolitical situation, the implementation of peripherals, and mobility as a whole have all changed in recent years, he says. Alongside various serial-parallel hybrids, Horse Powertrain also has a pure range extender module for BEV platforms in its product range   Horse Powertrain originated as a joint venture between Renault and Geely. At the IAA, the company showcased its new C15 range extender module, consisting of a 1.5-l gasoline engine, a...

Market & Tech Reports  Updated at: 2026/01/19

ts, up 3.8% y/y. Luxury car retail sales volumes totaled 290,000 units, down 1% y/y. Retail sales volumes of domestic brands totaled 1.46 million units, down 11% y/y. Domestic brands had a market share of 64.3% of the total, up 2.2 percentage points y/y. Retail sales volumes of mainstream joint venture brands totaled 510,000 units, down 27% y/y. Specifically, German brands had a retail share of 14.9%, down 1.3 percentage points y/y...

Market & Tech Reports  Updated at: 2026/01/13

Xingyuan, with 43,000 units sold. In second place was the Panda mini with 17,000 units. In third place was the Galaxy E5 with 14,000 units. Geely’s overall electric vehicle sales were up 34.9% y/y to 203,000 units.   On November 18, Renault's Brazilian subsidiary announced the establishment of a joint venture (JV) with Geely to invest BRL 3.8 billion (approximately JPY 110 billion) in the São José dos Pinhais plant in the state of Paraná. O...

Market & Tech Reports  Updated at: 2025/12/26

I in-vehicle ecosystems, smart voice, automated driving domain control systems, and cloud platform management. The company provides integrated hardware and software solutions to more than a dozen major Chinese domestic engine manufacturers, which are widely applied to mid- to high-end own-brand and joint venture model luxury vehicles. The product are based on Qualcomm's chip platform. According to publicly available data, as of June 2025, the num...

Market & Tech Reports  Updated at: 2025/12/24

Management Business Unit, forming the current Mahle Behr. The main HVAC-related products are HVAC, evaporators, heater cores, compressors, PTC heaters, blower fans, condensers, and cabin filters. Electronic and electrical components such as ECUs and control panels are developed and produced by the joint venture "Behr-Hella Thermocontrol GmbH (BHTC)" (see below). Mahle GmbH generated company-wide sales of EUR 11.681 billion in the fiscal year end...

Market & Tech Reports  Updated at: 2025/12/22

s that are cast and fixed to the portion of the aluminum housing where the bearings are mounted, and protrusions are formed on the outer circumference by centrifugal casting to prevent slippage.   Both the hollow motor shaft and the bearing bushing with outer projection are being produced by TPR's joint venture in China for BEVs in China, according to the company. Hollow motor shaft, bearing bushing with outer projection Sigma & Heart...

Market & Tech Reports  Updated at: 2025/12/17

y that they will be standardized anytime soon. However, in the future, the experience gained in developing cockpits for Chinese specifications may have some influence on the Japanese/global specifications. Figure 12: Toyota bZ3 (China) (Photo:Copyright ©Toyota) This electric vehicle was jointly developed by BYD Toyota EV Technology Company Ltd., a joint venture between Toyota and BYD Co., Ltd. (BYD), and FAW Toyota Motor Co., Ltd. ...

Market & Tech Reports  Updated at: 2025/12/15

d that of the conventional system used in the Clarity Fuel Cell vehicle. Also, the use of its durability has been doubled through the application of corrosion-resistant materials and controlled degradation, while its low-temperature resistance has also been significantly improved. The FC system was jointly developed by Honda Motor Co., Ltd. (Honda) and General Motors Company (GM) and is manufactured by Fuel Cell System Manufacturing, LLC (Michiga...

Market & Tech Reports  Updated at: 2025/12/11